Hurricane Sandy has been on the mind of everyone this past week. Here are some stories about raccoons, Australia, China, baseball and the U.S. post office, that might give you some momentary distraction from what has been a tragic week.
As the former CEO of OpenTable, Jeff Jordan can attest that most CEOs believe they intuitively know which product developments will make the biggest impact. In this article, Jordan makes a compelling case for letting data — and not the CEO — drive product development.
Silicon Valley is abuzz with rumors of Yahoo and its private equity buyers. And there are many. Whatever comes of these moves, the questions are, can Yahoo be saved? What is the value that can be retrieved? And will it become Waterloo for the P/E folks?
AirBnB, a San Francisco–based person-to-person room-, apartment- and house-rental startup, has raised $112 million in Series B funding from a group of investors including Russian Internet investor DST Global, General Catalyst and Andreessen Horowitz. AirBnB has raised about $120 million. More details after the fold.
kaChing, a Palo Alto, Calif.-based startup backed by Netscape founder Marc Andreessen and Open Table CEO Jeff Jordan, launched a web site today that aims to be a marketplace where anyone can access talented investors. With kaChing, people can choose to invest their money according to the trades of investors featured on the site. It first started out as an application on Facebook, which attracted hundreds of thousands of users who managed mock portfolios. Read More about If You’ve Got the Money, KaChing’s Got the Investors